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(Biocon) Biocon complete technical analysis [charts+indicators] | Buy/Sell Biocon | (Biocon) share price targets

Complete technical analysis of Biocon (Biocon) by charts plus indicators, forecast predictions and share price targets for Biocon (Biocon)

10 day averaged volume of Biocon is 133040

Date Daily Closing Price Open High Low Volume
29 Fri Sep 2023 272.15 266.95 274.00 265.20 0.571 times
28 Thu Sep 2023 266.50 265.95 269.70 264.60 1.372 times
27 Wed Sep 2023 264.70 261.75 265.65 261.75 0.359 times
26 Tue Sep 2023 261.55 264.55 265.75 261.00 0.231 times
25 Mon Sep 2023 264.00 263.70 266.00 262.70 0.219 times
22 Fri Sep 2023 263.95 266.50 269.05 261.05 1.27 times
21 Thu Sep 2023 267.05 275.95 276.00 266.10 1.324 times
20 Wed Sep 2023 273.50 274.75 275.55 268.60 0.989 times
18 Mon Sep 2023 273.05 277.05 278.40 272.00 1.349 times
15 Fri Sep 2023 276.85 274.10 279.95 273.60 1.208 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 273.1 as stoploss in an intra day sell trade for a target of 268.24. However, stock will show a bullish move above 273.1.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 232.45
Downside Target 243.40
Downside Target 249.75
Downside Target 267.60
Downside Target 270.40
Upside Target 273.45
Upside Target 274.00
Upside Target 276.35
Upside Target 278.40
Upside Target 279.95

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 264.1
Downside Intraday Target 256.05
Upside Intraday Target 277.1
Upside Intraday Target 282.05
Downside Intraday Target 269.05

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
29 Fri Sep 2023 272.15 263.70 274.00 261.00 0.558 times
22 Fri Sep 2023 263.95 277.05 278.40 261.05 0.559 times
15 Fri Sep 2023 276.85 266.50 279.95 265.55 2.596 times
08 Fri Sep 2023 266.50 263.95 273.45 260.80 1.057 times
01 Fri Sep 2023 260.65 255.55 263.25 254.45 1.363 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biocon (Biocon)

Date Monthly Closing Price Open High Low Volume
29 Fri Sep 2023 272.15 259.95 279.95 259.20 0.735 times
31 Thu Aug 2023 259.40 257.10 276.35 249.75 1.12 times
31 Mon Jul 2023 257.05 266.50 270.40 243.40 0.99 times
30 Fri Jun 2023 265.55 247.00 267.60 234.00 0.808 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Biocon (Biocon)

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Biocon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biocon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 269.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.

Biocon Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Biocon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biocon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 269.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.

Biocon Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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